Research Analysts Issue Forecasts for OceanaGold Co.’s FY2026 Earnings (TSE:OGC)

OceanaGold Co. (TSE:OGC) – Stock analysts at National Bank Financial issued their FY2026 EPS estimates for OceanaGold in a research note issued on Wednesday, May 1st. National Bank Financial analyst M. Parkin anticipates that the company will post earnings per share of $0.51 for the year. National Bank Financial currently has a “Outperform Overweight” rating on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.30 per share.

OGC has been the subject of several other research reports. Canaccord Genuity Group raised their price target on OceanaGold from C$4.00 to C$4.25 in a report on Tuesday, April 23rd. BMO Capital Markets reduced their price target on shares of OceanaGold from C$4.25 to C$3.75 in a research report on Thursday, February 22nd. Raymond James increased their price objective on shares of OceanaGold from C$4.50 to C$5.00 in a research report on Tuesday, April 23rd. CIBC boosted their target price on shares of OceanaGold from C$4.50 to C$5.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. Finally, National Bankshares lowered their price target on shares of OceanaGold from C$4.75 to C$4.50 in a report on Thursday. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$4.17.

OceanaGold Stock Down 1.7 %

Shares of OGC stock opened at C$2.95 on Friday. The company has a market capitalization of C$2.09 billion, a PE ratio of 18.44 and a beta of 1.50. OceanaGold has a 12-month low of C$2.08 and a 12-month high of C$3.50. The stock has a 50-day moving average price of C$2.92.

OceanaGold (TSE:OGC) last announced its quarterly earnings results on Wednesday, February 21st. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.02 by C($0.01). OceanaGold had a return on equity of 4.88% and a net margin of 8.10%. The company had revenue of C$363.94 million during the quarter.

OceanaGold Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, March 7th were paid a $0.013 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. OceanaGold’s payout ratio is currently 18.75%.

Insider Buying and Selling at OceanaGold

In other OceanaGold news, Director Paul Benson purchased 44,400 shares of OceanaGold stock in a transaction dated Tuesday, February 27th. The shares were purchased at an average cost of C$2.25 per share, for a total transaction of C$99,678.00. Company insiders own 0.14% of the company’s stock.

OceanaGold Company Profile

OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.